Polaris Consulting & Services moves down despite reporting 2-fold jump in Q4 consolidated net profit

15 May 2018

Polaris Consulting & Services is currently trading at Rs. 473.00, down by 0.35 points or 0.07% from its previous closing of Rs. 473.35 on the BSE.

The scrip opened at Rs. 475.20 and has touched a high and low of Rs. 475.20 and Rs. 472.00 respectively. So far 3716 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 476.95 on 25-Apr-2018 and a 52 week low of Rs. 208.00 on 23-May-2017.

Last one week high and low of the scrip stood at Rs. 475.00 and Rs. 468.85 respectively. The current market cap of the company is Rs. 4886.51 crore.

The promoters holding in the company stood at 92.64%, while Institutions and Non-Institutions held 1.15% and 6.21% respectively.

The company has reported over 5-fold jump in its net profit at Rs 72.72 crore for the quarter ended March 31, 2018 as compared to Rs 13.78 crore for the same quarter in the previous year. Total income of the company increased by 25.15% at Rs 508.99 crore for quarter under review as compared to Rs 406.72 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 68.61 crore for the quarter ended March 31, 2018 as compared to Rs 33.13 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 26.81% at Rs 728.27 crore for quarter under review as compared to Rs 574.28 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 82.02% in its net profit at Rs 180.82 crore as compared to Rs 99.34 crore for the previous year. Total income of company increased by 20.58% at Rs 1845.68 crore for year under review as compared to Rs 1530.71 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 39.34% in its net profit at Rs 226.35 crore as compared to Rs 162.45 crore for the previous year. Total consolidated income of company increased by 24.91% at Rs 2643.00 crore for year under review as compared to Rs 2115.85 crore for the year ended March 31, 2017.

Related Polaris Consulting & Services Ltd. Links:
1 Year Price Chart
Peers
Company Name CMP
TCS 2679.15
Infosys 1100.55
HCL Tech. 822.20
Wipro 350.50
Tech Mahindra 876.15
View more..
Sensex vs Polaris Consulting
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback